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5892 Powderhorn Ct SW, Wyoming, MI 49418

3 beds • 4 baths • 2464 sqft

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This property might be a fair Airbnb investment with a projected 9.84% first-year return on $110k initial cash invested.

9.84%

Cash On Cash

9.5%

Cap Rate

1.52

DSCR

$7,316

Rent

$905

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,316 income − $6,411 expenses = $905 cash flow

Income$7,316Mortgage P&I$2,28531%Property Taxes$4356%Insurance$1542%HOA$25Management$1,09715%CapEx$2934%Maintenance$2934%Other$1,82925%Cash Flow$905

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$7,316

Total Expenses

$6,411

Mortgage P&I

31%

$2,285

Property Taxes

6%

$435

Home Insurance

2%

$154

HOA

0%

$25

Property Management

15%

$1,097

CapEx

4%

$293

Vacancy

0%

$0

Maintenance

4%

$293

Other

25%

$1,829

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